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of other measures on the ballot in states across the country. including a big showdown in california. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their
jobs. a blue state, california, a lot of federal jobs. california is a state with high unemployment rate, over 10%. you can see there, virginia as well. texas with a lower rate. anyway, what this would be would be a federal spending hit on top of what's already going on in those counties and in those states, bill. what you hear from the pew center is that these states right now are not in very good shape right now to take additional federal cuts, given what's going on with their economics right now, bill. >> steve, do i understand when i look at california and texas in the red there, and i look at the numbers -- >> and virginia. >> and virginia. 10% to 13% of the work force is federal? >> of all federal jobs, yes. >> 10% of all federal jobs are in california but not all 10% of jobs in california -- >> no, all jobs in california are material jobs. >> 10% of jobs in california are federal. >> holy smokes! >> that's a big number. that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead
. martha: unions are stopping work at another busy california port. this scene was last week when the workers picketed at the oakland port. now it is clerical workers at the port of los angeles and nearby long beach who are on strike as well. other unions, including the dockworkers refuse to cross the picket lines. it has affected two cargo ships but if it continues losses could pileup quickly. they handled $273 billion in cargo last year. not a lot moving there right now. bill: power lunch at the white house, president obama having governor romney over for lunch. with all the drama and nail biting over that looming fiscal avalanche can we expect anything big to come out of it? doug schoen former adviser to bill clinton. monica crowley, fox news contributor. i it's the thing to do. you get a call. >> president obama has a pattern of inviting political opponents, business leaders to the white house for some sort of confab. what it kals end ends up being is a photo opportunity so he looks like he's extending himself to the opposition, he's bipartisan, and he is neither of those thin
, jane wells at a best buy in canoga park, california. what's the traffic look like this? >> that's right, bill, i sure am. it opened at midnight. a bit of at lovell, bum then at 10:00 a.m. it really started to pop. i've got speaking with aroundists, retailer, whether it's mavs. pretty good. make not agrees the overial sales are expected. and some early aggravations, most have appeared to have pushed those frustration aside. the majority of people who got here were the full-time employees. but a very good response. >> they were planned leading up to -- but walmart ceo says that actually only 26 protests occurred. many didn't even include walmart employees. and in fact he set -- they missed that scheduled shift. matt values thinks that macy's is the clear winner. i have to say i've seen an automatic lot of macy's backs myself. i'm happy that the leap pad 2 is very hard to find the. >> they won't get any more in? >> they will, but probably not day is the probably. so the inventory they probably out. >> courtney reagan, thank. >>> hoping that holiday sales -- as we manipulationed jane wells
of the northeast, it's now a recovery mission. and yesterday california military planes were loaded with utility vehicles ready to be shipped into new york. an army of some 50,000 utility workers from across the country, even canada, being deployed to the region to help in the massive project to restore power which will take weeks. three navy warships are anchored off the northeast coast to help with the relief effort. in new jersey, military trucks are being deployed to operate as polling places on election day in the hardest-hit communities still remain without power. now, the good news does trickle out slowly. today amtrak will begin offering limited service between new york city and boston. and new jersey transit will also start moving today with limited service. the new york subway system continues to make advances. the "m" train linking queens to manhattan just started running, but there are still no trains running below 34th street where half of manhattan remains in the dark. so the millions of new yorkers who depend on subways, they're now waiting in those long lines for buses. for those
. and yesterday california military planes were loaded with utility vehicles ready to be shipped into new york. an army of some 50,000 utility workers from across the country, even canada, being deployed to the region to help in the massive project to restore power which will take weeks. three navy warships are anchored off the northeast coast to help with the relief effort. in new jersey, military trucks are being deployed to operate as polling places on election day in the hardest-hit communities still remain without power. now, the good news does trickle out slowly. today amtrak will begin offering limited service between new york city and boston. and new jersey transit will also start moving today with limited service. the new york subway system continues to make advances. the "m" train linking queens to manhattan just started running, but there are still no trains running below 34th street where half of manhattan remains in the dark. so the millions of new yorkers who depend on subways, they're now waiting in those long lines for buses. for those who drive into new york city, the lines at
tax and california's propositions would do an income as well as sales tax. the only one of those that's polling well is the tobacco tax. that measured one tax would actually go down. that's oregon. they are pushing it to get rid of a state tax all together. shep? >> shepard: los angeles, trace, thank you. the lines for gas in new york and new jersey are still miles long. the wait, hour after hour just to fill up a can or a car. but in other parts of the nation, the price at the pump is plunging. wool show you why next. we'll show you where the first alert forecasters expect it to hit and we will will hear from governor mitt romney live in columbus, ohio as we approach the bottom of the hour and top of the news. can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in wo
employment. so does california. is it because of sometimes it's military? it's just that they're big states and there happen to be a lot of federal jobs there. also virginia, sort of a purple state. florida comes in relatively high. so michelle, what we have here is a situation where the sequestration was designed to create a lot of political pain across the country but it is going to be unevenly spread out. for example in california, very high unemployment. they could get hit for example with more federal job cuts in addition to their high unemployment rates. >> great analysis, steve. thanks for that deep down dive into the data. >>> america's ceos are calling for action on the fiscal cliff. precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to h
vegas, parts of california, and even in florida. another concern is that prices overall are rising faster than income growth and that does not bode well for non-investors either. this phenomenon is playing out largely in those formerly very hot markets that crash the hardest. there are still some great deals for investors in places like chicago, atlanta, even right here in d.c. before you take me off, i got one thing. someone wrote in to the blog today really right down the line of what we're saying. he says people are buying homes out here in new orleans stupid fast. but the problem is they're investors and they're renting them all out. >> very good point. diana, thanks. good to see you. ty, down to you. >>> the german parliament approved a new bailout package for greece. meanwhile, unemployment hits a record high in the eurozone but european central bank chief mario draghi expects the economy to recover in that area in the latter half of next year. so what's ahead for debt stricken greece and the eurozone members? joining me here at the new york stock exchange, constantine mikalo
of california, oregon, towards washington state. we really could get nailed. this could be one of the bigger rain events of the season or maybe the year for northern california. that little dark area between crescent city and redding is estimated rainfall totals up to six to eight inches. that's significant stuff. we could have flooding concerns on the rivers in the days ahead. if you're traveling anywhere in the middle of the country, beautiful weather. look how nice that is, denver, kansas city, st. louis, oklahoma city down to texas. florida still one of the warmer spots. still a little cold in areas of the northern plains. overall, it's a lot better than it was. it's a lot warmer, too. you're watching "morning joe," everyone. we'll be back soon. we're brewed by starbucks. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.or
to englewood, california and if the lighting is back for tv perfectionist. the sun is low in the sky and we are taking a lot of corners and we are bathed in sun light and shade and assistants trying to keep the shadows off of us is a great yoeman's effort. >> you always shine from inside out carl. and there is a delay because you are in a moving vehicle we appreciate the report tonight, thank you. now, we'll go to team obama in a weekend campaign blitz and the president campaigning with john melan camp in the swing staste iowa. speaking i recaller today . he jabbed governor romney's plans for the white house. >> governor romney, now is a very talented salsman, and so in this campaign he's trying hard as he can to repackage the same old ideas that didn't work and offer them up as change. >> chief white house correspondant ed henry is in dubuque, they have met both candidates today. >> and that's right. it gives you the outside influence of iowa here. romney came here to a small town in a small state and the president just wrapped up his rally and trying to turn out the vote. only six elector
at the university of california. $325 million wasted. there is actually nothing on the scoreboard to show for it. karl rove says no, no it was a good thing. >> five minutes of revenue at the cacasinos. it is a waste. and the billionaires. but what i think they did do, they tilted the playing field and made it harder for barack obama and democrats like brown and elsewhere where they flooded with money. can you imagine what the final results might have been without that money if they didn't have to worry about an extra $20 million he would have had a greater win in ohio? i think the president might have picked up an extra point or two with the negative adds like groups like karl rove ran. barack obama was able to raise a lot of money. mitt romney couldn't do that. so the playing field should have been this way but that money go it closer to even. so they came through. >> the democrats won, they won more seats in the senate and in the house. does it matter how much their winning percentage was? >> of course it does matter. it is going to be difficult for president obama to do much in his second ter
but actually you can't tell the total number of votes in the nation until california gets around to doing it. you know, some states count them very clean and don't seem to have any problem. >> megyn: how about virginia? is that true of virginia. >> virginia, that has been true. when george allen was defeated for senator six years ago by 6,000 or 7,000 votes, virginia went right down, you know, they went back over that, i believe there was recount or reexpectation of the vote, less than 100 votes changed. it was pretty straightforward. new hampshire is famous for doing that well, too and so forth. other states have had bigger problems. >> bret: we should point out if we put that back up. that was the national popular vote total. that will pop up throughout the night as well. you will see the actual vote total through the night. these are all the states throughout the nation and there you see it as it continues to tick up and for us, after the iowa caucuses, the difference was added, 61256 right now so i don't have to pull out the calculator. >> megyn: didn't you get yelled at by math teacher
ballot initiatives. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for broader public good. at least one ballot backer has his own fortunes in mind. he spent more than $30 million to oppose a new bridge. turns out he has his own toll bridge that collects tens of millions of dollars a year. we will see whether all of this ballot money was a waste or not. we will know tonight or tomorrow morning. >> these numbers are mind boggling. thank you so much. for investors how are they positioning themselves for an obama or romney victory? we will break it down now. guys, thanks for joining us. jeff, what will you do tomorrow if mitt romney wins? >> like many of us i'm wat
. for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were families. 12 p
, they are dramatically underfunded. the tristate pension plan is funded at about 65%. the northern california one at about 55%. these walmart employees would be f paying for the pensions of retired employees of other companies and it would be very difficult for them to fwget the benefits out. there's a reason walmart employees don't want to join unions and should remain nonunionized. >> richard, you disagree. you say this is a strike protected under unfair labor practices. >> that's not just bad advice, that's un-american. americans have the right to strike for certain purposes without being fired. that is something we all ought to worry about. more importantly, these are folks who work full-time and make about $15,500. what is good for walmart, what is good for the economy, what's good for job creation is having people paid enough to buy the products that they sell. henry ford, that great socialist, understood that if you underpaid retail workers, auto workers, people like that, the economy would collapse. what these workers are saying is that walmart is mistreating them. they have a right to sa
jumped in. thanks, guys. >> we want to go to california now to john fortt who has breaking news regarding ncr, which is now halted on news pending. what's going on? >> yeah, scott. not exactly sure what the news is, but i've rumor they could be announcing an acquisition just after the bell. also want to know that retalix, that's an israeli company, point of sale, technology. they recently did an acquisition of a company that served high-end retail establishments nap has also been halted. ncr's market cap just shy of $4 billion. reatlix under $1 billion. still, a significant sides. it would be for ncr. we have to wait to see exactly what this news in. but in the environment of the fiscal cliff, if, indeed, what this is, it would be interesting. >> all right, john. thanks so much. >> ncr, national cash register. right? >> you like that? >> i like that because you got to change the name. cash registers aren't what they used to be. >> that stock is halted along with the other one john was talking about. we'll let you know when the news does come out and that stock is reop reopened for busines
poverty members upward. california, the district of columbia, arizona, florida and georgia top the list of places with the highest levels of poverty. >> from our parade of papers, "the cedar rapids gazette," fema may need to request a congressional bailout as flood claims from sandy quadruple capacity. it's a fema subsidiary and claims from sandy could top $12 billion. the program's essentially the country's only residential flood insurer. >>> joining the conversation now, former treasury official and "morning joe" economic analyst, steve rattner, good morning. >> good morning. >> we'll get to your charts. also mike allen from the "politico" newsroom, the chief white house correspondent there. good morning. >> i hate being objectified like you guys. >> see, you're in the deutsche camp. let's talk about what mitt romney said in that conference call this week. he was talking to his biggest donors, defending his campaign by saying president obama won because he focused on giving, quote, gifts to latinos, african-americans and younger voters. >> what the president -- president's campaign di
, california. according to local reports, that we can not confirm at this time, jon scott, this started over women's lingerie. jon: oh, no. jenna: this started in a victoria secret's shop before spilling out into the mall and that is when fists started to fly. >> two guys were fun muching each other. they ran over the barriers and one guy was getting his face stopped in. 2 was pretty crazy. jenna: three men were involved in the fight. they cleared out before police showed up. there you go. jon: i heard it described earlier as a fight over underwear. lingerie makes more sense. jenna: a little more classy? jon: i guess. jenna: either way a little silly, right? jon: very. somebody is nursing a bloody nose this morning. >>> right now the clock is ticking as we approach the fiscal cliff, automatic combo of tax likes and spending cuts which most experts say would plunge the country into another recession. tax hikes on wealthy americans a big sticking point because the taxpayer protection pledge promoted by grover norquist. he is lobbyist and conservative activists convinced all republican lawmaker
, it will stay about where we are right now. we will have higher numbers, not as hot as california, but a little bit of the disadvantaged region. connell: $3.51 is your price nationally for a gallon of gasoline. purely, in terms of gas prices, how impactful has this storm. >> i would say it is, again, most of the impact will be on demand. if we give it a couple weeks and we will go through some real logistical problems in the tri-state area of new york, new jersey and connecticut, i think we will be fine. i want to mention something about crude oil prices, it is something like calling the price of wine based on a grape. we are seeing north dakota crude trading at about $60 a barrel. connell: what happens after all of this? does it shoot back up? what happened after all of this? >> we should go lower. one thing you can count on is the middle of november to the middle of january, you do not give much of a move. you bottom out. at the end of the first quarter 2013, we go the other way. there will be petra inouye where people do not think we have enough supply. we should be able to make do. connell:
companies. i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an environment you don't stop hiring. in fact they have big open to buys. >> so what does affect those companies? what are they looking at beyond their own home base? >> i think the general environment will have an impact. i think that the tone of the top will have an impact. i think my personal feeling, the biggest impact for the kind of companies i'm in are what happens for advertising expenditures. i think advertising and advertising -- >> you talked about immigration policy as well. >> sorry, thank you, thank you. immigration policy is getting the kind of people, everyone is frustrated with the i
to set up offices in chicago, first of all, or california, and i don't know who are the people who are going to staff and man those offices to actually trade on behalf of somebody, it's not clear to me how this works. it may very well be that when you have a massive superstorm the size of sandy that knocks out an entire coast or region that it's almost impossible to have true contingency planning. >> two things. good point. first of all, you do need to have some senior people who aren't necessarily located in the proximity of devastation. yes, you do need some senior people but in this circumstance, this is one of the things we learned, andrew, is that since they weren't sure the large traders weren't sure about whether or not they could enter the orders into the new york stock exchange, they actually sent people to archipelago to try to work on the computers, in the middle of this storm, so just a really sort of a cluster and hopefully we can do better in the future. >> what happened to your own next -- isn't this a transatlantic company that has platforms on both sides of the oce
, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democratic or republican solution, becky, when we look at it
but very refined car as well. >> you introduce it here in l.a. a, southern california. a huge market. people are going to say how much does it cost? $130,000 for this vehicle? >> starting at $83,500. this one is $130,000, yes. i have to say people will clamor for the car. >> this brings up the question. the average land rover customer, household income of $515,000, $130,000 vehicle. this brings up the question with all the talk about potentially raising taxes on the wealthy here in the united states, would that hurt your business? would you sell fewer range rovers if the tax rate went up for those making more than $250,000? >> i think at the moment we see no sign of that quite frankly. a deal has to be done. our customers buy smartly, and when they look at vehicles like this, which is new on the block, they're going to go for this particular car. they might compromise on other things and not on new range rovers. we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the
Search Results 0 to 28 of about 29 (some duplicates have been removed)